New Delhi -– Sheela Foam has closed its foam and bedding site in Jalpaiguri in a dispute with the local authority over permits.
In a filing with the Bombay Stock Exchange (BSE), Sheela, India's only listed foamer, said it had closed the site at the insistence of the West Bengal Pollution Control Board. It is in discussions with the local authority, and is taking legal advice.
Sheela has been operating a plant at the Kanchan Jangha Integrated Industrial Township for more than five years.
According to the filing with the BSE: 'The site contributes 6% revenue to the total turnover of the Indian operations, and we are making arrangements to service the impacted distribution from our other facilities.'
When contacted, Sheela Foam confirmed the development. ‘There will be no customer supply issue or expected revenue loss,' it said. Product is being supplied from other Sheela units.
Sheela Foam is a leading manufacturer of mattresses in India, marketed under the Sleepwell brand. It operates five foaming plants, with 123 kT/year capacity. It also has 11 mattress manufacturing facilities in India.